The US stock market has suffered today on continued recession concerns.
Large US banks, such as the Commerce Bank, will probably continue to be concerned about these continued market panics. The reason why US banks will be concerned is that it may impact the capital confidence and thus indirectly affect the liquidity of the market. In other words some investors may hold onto their cash reserves more and be less willing to lend it to the markets to speculate on a potentially risky return.
Some consumers may find it reassuring that personal loan products, such as Commerce personal loans, for the short-term however appear to still be available to the market.
Watch this space!
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